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Old 10-19-2018, 10:40 AM
 
Location: NC
9,358 posts, read 14,085,892 times
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Governor's Club is in Chatham County/Chapel Hill area and seems to have nice enough homes. But it really lights up on the real estate map with numerous houses for sale. Are they having some kind of problem over there? It is a gated golf course community.
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Old 10-19-2018, 10:51 AM
 
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Its a big community...roughly 1,000 homes with an eventual build out of 1,260. Realtor.com shows about 80 houses for sale...that doesn't seem like a huge number considering the size of the community.

Last edited by BC1960; 10-19-2018 at 11:06 AM..
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Old 10-19-2018, 11:19 AM
 
Location: Raleigh NC
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I think BC is mostly right. Plus, I'd say it's more of a retirement/late career place, and a transient place. That would increase the # of homes for sale - people move again for their job, people sell the big house to downsize or go to retirement home. and some pass away. It's in Chatham County, so there's the underlying school issue for families with small kids.

It's also always been a slower sale in GC, and with the average sale taking 4 months, there's plenty of inventory. There's over 1 year's worth of current inventory.
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Old 10-19-2018, 12:49 PM
 
Location: Cary, NC
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Very expensive owners' association. Paying for golf one will not use turns off enough people to limit the market a bit. Particularly when golf is still in decline in popularity.
So, they often linger on the market.
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Old 10-21-2018, 04:32 PM
 
Location: NC
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Thanks everyone. I am thinking that it would be possible to overlook some of these problems because it is so lovely in there and a wide range of prices. But I have also learned that they will not allow any kind of fence, not even those see-through aluminum fences. Which makes it kind of difficult for pet owners. Such a shame.
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Old 10-21-2018, 04:53 PM
DPK
 
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Quote:
Originally Posted by luv4horses View Post
Thanks everyone. I am thinking that it would be possible to overlook some of these problems because it is so lovely in there and a wide range of prices. But I have also learned that they will not allow any kind of fence, not even those see-through aluminum fences. Which makes it kind of difficult for pet owners. Such a shame.
There's always the invisible pet fence option, but personally I'm not a big fan of doing that to a doggie.
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Old 10-23-2018, 11:36 AM
 
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My In-Laws looked at GC a few years back. What they discovered-
The remaining lots are terrible for the most part
There are plenty of homes that are first time resales built by people with more money than sense-an older surviving spouse selling the home that they built for retirement, or an estate sale. Weird floorplans, dated/questionable decor, basically stuff that was beyond their interest in handling after the fact. It's one thing to find a house with good bones and update it-some of the homes they saw were flat out bizarre.
Did not know about the fence thing-that would be a non-starter for many as well.
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